Inclusionary Housing
Inclusionary Housing: Optimizing Affordable Housing
The Inclusionary Housing program in New York City aims to foster the development of affordable housing units in areas where zoning adjustments promote new construction. Through this initiative, developers can access additional square footage or Floor Area Ratio (FAR) by creating affordable housing units as part of their projects.
Our office specializes in assisting developers in optimizing the advantages of affordable housing provision of the Voluntary and Mandatory Inclusionary Housing Programs. We help navigate the complexities of NYC's zoning regulations, ensuring that developers can enhance their returns on investment while meeting the requirements for of the Inclusionary Housing program.
By leveraging the Inclusionary Housing program, developers can unlock valuable incentives that can improve the financial viability of their projects. Our team works closely with architects to identify the most effective strategies for incorporating affordable units, maximizing the benefits for both the developer and the community.
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We provide the following Inclusionary Housing consulting services:
Mandatory Inclusionary Housing Consulting
Based on the zoning regulations, some areas in NYC require compliance with MIH. We offer application filing and ongoing support throughout the process
Architectural Consulting
Voluntary Inclusionary Housing Consulting
Depending on the location of your project, it might be eligible for bonus FAR under the VIH program. We offer application filing and ongoing support throughout the process
Feasibility analysis
By running various unit mix options available under IH program we help developers to find most profitable solutions
